wackypete2
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anyone trading cable 2013 - lets roll
- Thread starter cablemonster
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C
cablemonster
Out for 0.0pips. Dont want a position over the weekend.
C
cablemonster
Sombrero ??. Are you holding it over the weekend?
piggybridges
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I reckon he will, ya know!
arriba!!!????
I'm off work next week, so gonna be trying my hand at daytrading as opposed to my usual swinging. Gonna be fun! (or not....)
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Sir Pond Life Dreg
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It'sa top secret pattern not visible to naked eye unless you is well oiled with tequila.
A search will reveal all.
C
cablemonster
That requires effort though!
wackypete2
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Ah, yes, it's about that time of the day. Markets are just closing here. 👍
Happy Weekend!!
Peter
Sir Pond Life Dreg
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Closing 3/4, leaving stop in place. Been lucky (dumb luck) already with this trade so going to try and ride my luck by holding over the weekend.😕
Shudders.👍
Have a good weekend all.👍
bbmac
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I make no predictions because I like you and everyone else have no idea what will happen next. When price is deviated from it's atr and particularly if this co-exists with it reaching beyond Daily S2/R2 I find it has a historically lower chance of achieving a new hi/lo after a pullback ...when I wrote the post referring to this - price was at 113% 20day atr but still within daily R2...what happened next was the pullback from 5821 (point b) to the previous 1hr/4hr/daily swing hi with 23.6% of 5360 (point a)-5821 (point x) where it found support for another leg up to it''s eventual daily hi @/around Daily R2 in that previopus 1hr swing hi zone @ 38.2% 6179-5630 (not shown on 1hr chart below)...see 1hr chart below.
G/L
G/L
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bbmac
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W/e review
W/e review
Price travelled 123% of it's 20 week atr this week just closed and 136% of it's 20 day atr on Friday also now closed. So far this month price has travelled 45% of it's 20 month atr.
re charts: yellow = 100sma, red = 200sma
No fractal swing created by the close of this week's Weekly candle - a bullish candle whose lower wick is longer than it's upper. The week at it's 5630 low probably saw a boumce of the weekly/monthly descending trianle that is the bottom of the monthly wedge pattern or that is certainly how it appears when this t/line is viewed on a weekly or monthly chart. On the daily - actually joing the releveant swing lows it seemed to be slightly lower but whatever. The t/f remains in an opa range and this 5630 low comes ata LL although as stated that is not a fractal swing on this weekly t/f
Friday's Daily candle saw an upside breech of the daily descending trendline and a bullish close and follow thru on the previous 2 x bullish candles that created the 5630 swing low as a L on this t/f. No fractal swing created by Friday's daily candle close but when it comes it will come at a H at least above the last LH of the opa downtrend. This t/f is still in a general opa downtrend but this is under threat now by the HL and H. A new ascending daily trend line can be established by the fractal swing low on this t/f at 5630.
The 4Hr t/f saw a double bottom at that 5630 low and it's been uphill all the way since with an upside breech and close of 2 x descending trend lines and the daily descending trend line mentioned above, now printing a HH above the last H resulting in a possible new opa uptrend but more likely ranging - bullish conditions now on this t/f.
The 1Hr sees definate signs of strength now in a general opa uptrend with the last HH and high of the day/week at the previous 1hr swing hi zone /38.2% 6179-5630. At the close price had pulled back off it's 5844 hi and was finding some demand at the 23.6% fib of the 5630-5844 move
G/L
W/e review
Price travelled 123% of it's 20 week atr this week just closed and 136% of it's 20 day atr on Friday also now closed. So far this month price has travelled 45% of it's 20 month atr.
re charts: yellow = 100sma, red = 200sma
No fractal swing created by the close of this week's Weekly candle - a bullish candle whose lower wick is longer than it's upper. The week at it's 5630 low probably saw a boumce of the weekly/monthly descending trianle that is the bottom of the monthly wedge pattern or that is certainly how it appears when this t/line is viewed on a weekly or monthly chart. On the daily - actually joing the releveant swing lows it seemed to be slightly lower but whatever. The t/f remains in an opa range and this 5630 low comes ata LL although as stated that is not a fractal swing on this weekly t/f
Friday's Daily candle saw an upside breech of the daily descending trendline and a bullish close and follow thru on the previous 2 x bullish candles that created the 5630 swing low as a L on this t/f. No fractal swing created by Friday's daily candle close but when it comes it will come at a H at least above the last LH of the opa downtrend. This t/f is still in a general opa downtrend but this is under threat now by the HL and H. A new ascending daily trend line can be established by the fractal swing low on this t/f at 5630.
The 4Hr t/f saw a double bottom at that 5630 low and it's been uphill all the way since with an upside breech and close of 2 x descending trend lines and the daily descending trend line mentioned above, now printing a HH above the last H resulting in a possible new opa uptrend but more likely ranging - bullish conditions now on this t/f.
The 1Hr sees definate signs of strength now in a general opa uptrend with the last HH and high of the day/week at the previous 1hr swing hi zone /38.2% 6179-5630. At the close price had pulled back off it's 5844 hi and was finding some demand at the 23.6% fib of the 5630-5844 move
G/L
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counter_violent
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Oh yes....have no fear !😎
This one is particularly interesting as it has already delivered in one time frame, and has set up in another. Ref to points ( B+D )
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C
cablemonster
I get you. Good luck with it!
Sir Pond Life Dreg
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Moving stop down to 15805 and removing target on remaining 1/4 looking for 15700.
Bailed out at 15730 might re-enter
I'd rather be lucky than good!
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Sir Pond Life Dreg
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Going for a small long at 25.2 with a stop at 15.0 target open
oh dear. I'd rather be good than lucky!!
oh dear. I'd rather be good than lucky!!
Sir Pond Life Dreg
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order set for a full size long 85 stop 70.
Hit it at 86 stop still 70
stop hit
Hit it at 86 stop still 70
stop hit
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Sir Pond Life Dreg
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long at 57 stop 40 target 15700
Sir Pond Life Dreg
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This feels like that one time in the sand pit and I took a **** in there and all the other kids left and i was all alone and scared.
C
cablemonster
This feels like that one time in the sand pit and I took a **** in there and all the other kids left and i was all alone and scared.
Hi Mate
yeah sorry I am not around. Truth be told I have been nursing my wounds from trades so far in February, speaking to my mentor about wtf is going wrong. I have stopped trading live money to work on my edge and game plan. Some of my old habits have come back to the fore. I will be back with some live calls, not sure when yet. GTTY
Sir Pond Life Dreg
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Moving stop to entry at 57.
bummed for nowt
Good Luck cablemonster, nothing more frustrating than the crazy game that is trading. ups,downs, highs, lows, easy money, no money. loadsa money, no money and so on!!! 😆
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